Hyperspace Challenge 2022 is returning to a multi-day, in-person event in Albuquerque, New Mexico. All companies should plan to give 3 hours of their time in late August/early September for a series of webinars with problem sponsors. These webinars will help you further understand agencies’ needs and how your capabilities may help solve these problems. After the webinar series, plan to give 5 hours of your time to develop your submission, due in September. Submissions are your explanation of how your company’s capabilities respond to specific problem statement(s). If your submission is selected as a finalist to participate in Hyperspace Accelerator Week, prepare to attend 3-4 on-boarding and educational webinars during the month of October. You should also allow time to plan travel and logistics, and conduct further research into problem statements. You may also want to allow some hours to research potential data sets that might help you demonstrate your capability during the Hyperspace Accelerator Week. Then, in November, you’ll participate in a 3-day Hyperspace Accelerator Week, in which you’ll interact with users and illustrate how your capabilities fit user needs. This will be a 3-day event, inclusive of travel.
Yes, you can partner with another company or organization. Please have the ‘lead’ company be the company who would the lead on any contract you would be pursuing moving forward. Revenue numbers are only required for the lead, if you’d like to include your collaborator’s revenue that is optional, the appropriate place to do this are in the sections “Company Revenue Overall” and “Federal Goverment Revenue History” on the written portion of the submission. Please do not combine the revenues from both companies into one number, keep revenues clearly designated to the appropriate company or organization.
We cannot guarantee that participants will win contracts or undergo rapid acquisition with government agencies. However, we’re here to help facilitate the contracting process as new contracts are a primary goal of Hyperspace Challenge. We do know that startups who have participated in similar programs have gone on to contract or have their technology purchased by government users they met during their respective programs.
For startup / small business teams:We recommend three roles from your company be present, dependent on the activity, to realize the full benefit of the interactions:
- Business Development Lead (CEO for many startups)
- Technical Lead (CTO for many startups, understands overall capabilities of the company’s technology[ies])
- Product Lead / Developer (i.e. team member working under Technical Lead who is hands-on with the code)
For university teams:We are interested and committed to building lasting relationships with universities. With that in mind, we do ask that your team have a faculty member committed to participating in the program. Beyond that, we are flexible with how your team is constituted. We do value creating opportunities for students at all levels (undergrad, graduate, and PhD), so if there aren’t any on your team, we’d appreciate learning if you’d be open to including them, and how you plan to accomplish that.
Our program is dedicated to ‘customer discovery’, with potential government partners. As a university team, you can expect to participate in the webinars we host with startups about how to work with the government and identify opportunities. You’ll have a chance to meet one-on-one with potential government partners who are interested in your team and working towards new solutions. We are also adding components to the program that are unique to what a university team is looking for, like grant resources and introductions to networks within the government dedicated to supporting research.
We do anticipate the time commitment to be the similar to what it is for startups, about 2-3 hours per week October – November, and participation in the Demo Day on December 2. We do not expect the full team to be present in every meeting, but that you work as a team and designate appropriate participants as you see fit.